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Owner Contacts

$849,999

1177 Smith Rd, Rockwall, TX, 75032

Off Market

4 Beds

3 Bath

3,986 Sq Ft

Single Family Residence

$213.25 / sqft

Built in 2012

Property Lead Type:

Off-Market ListAbsentee Owner

Highlights

Interior

Bedrooms 4

Bathrooms Full 3

Indoor Fireplace

Garage Available

Heating Heat Pump

AppliancesDishwasher, Disposal, Gas Range, Microwave, Tankless Water Heater

FlooringCeramic Tile

Exterior

Private Pool

Exterior FeaturesFire Pit, Gas Grill, Outdoor Grill

Lot Size1.76 acres

Building Information

Year Built2021

Stories1

Garage Spaces2

Land Information

APNS3727-000A-0001-00-0R

Lot Number1

SubdivisionGann Addition

Land UseResidential Sfr Non-Waterfront

Legal DescriptionGANN ADDITION, LOT 1, ACRES 1.76, (2021 PLAT)

Census Tract040508

Assessed Land Value$278,080

Assessed Improvement Value$633,420

Assessment Year2025

About this property

Discover this spacious multi-family home with a perfect blend of comfort,convenience all located in Rockwall with Heath ISD.Stunning and Nestled on an oversized corner lot and an array of exceptional features tailored for family living and entertaining.Main house boasts 4 bedrooms, 3 bathrooms, 2 car garage, Game room and oversized Laundry. A kitchen anyone would love, Gorgeous Granite Counters with tons of space, Custom cabinets, Breakfast bar. Split Bedrooms for Privacy. Enjoy this Heated Pool all year round and relax in the hot tub after a long day.Pool has volleyball net ready for those weekend competitions. Built in Grill to make Family Dinner Nights a must.Exquisite Guest House with Separate Entry fit for a Queen perfect for in-laws or visitors.Open Floor Plan Equipped with a Full Kitchen featuring Granite counters,Custom Cabinets ,Living with fireplace,laundry, bedroom with ensuite bath promising privacy and comfort. Enjoy the sunsets on your extended covered back patio.

Investor Tools

$911,500

Estimated Property Value

$687,845Estimated Mortgage Balance

$228,643Estimated Equity

25% equity

Estimated Cap Rate

View Rate

Estimated ARV (After-Repair Value)

Calculate ARV

Rent-to-Value Ratio: 0.72%

Rent Estimate

$5,469 /month

Positive

Cash Flow Estimate:

$1,823 /month

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Financing Details

Estimated Taxes & Insurance

HOA Fees

Interest Rate Assumption

$766/month

No HOA

5.947%

Tax Information

Annual Taxes

Assessed Value

Assessment Year

Assessed Land

Assessed Improvement

Market Value

Tax Delinquent

$4,640

$911,500

2025

$278,080

$633,420

$911,500

Tax History

Year

Tax Paid

Assessed Value

2024

$4,640

$911,500

Mortgage Details

Lender

Loan Type

Loan Amount

Assumable

Position

Origination Date

Maturity Date

Movement Mortgage

Conventional

$687,845

First

Dec 12, 2025

Jan 2056

Equity Summary

Est. Mortgage Balance

Est. Equity

Equity %

LTV

Est. Monthly Payment

$682,857

$228,643

25%

75%

$4,124/mo

Rental Potential

Est. Monthly Rent

Est. Monthly Expenses

Est. Cash Flow

Gross Yield

$2,310/mo

$4,124/mo

$-1,814/mo

3.0%

Learn About the Market: Opportunity in Texas

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Texas

Living in Texas means access to four of the nation’s most dynamic metro economies — Dallas–Fort Worth’s corporate and logistics powerhouse, Houston’s global energy and medical hub, Austin’s tech-driven and culturally iconic Live Music Capital of the World, and San Antonio’s historic yet steadily expanding military and healthcare center. The state blends economic scale with cultural significance, rooted in independence, entrepreneurship, and a strong sense of place — from Friday night football to world-renowned barbecue and music festivals. For homebuyers, Texas offers comparatively attainable housing, no personal income tax, and master-planned communities built around space and convenience; for investors, continued population growth, business relocation, and diversified industries create sustained demand across urban cores, suburbs, and emerging secondary markets.

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